Survey suggests AI has reached critical mass

Illustration: Lazaro Gamio / Axios

A new survey suggests that artificial intelligence has at last penetrated mainstream business at a high rate, and is not headed for a third "winter," a post-hype loss of faith.

Why it matters: In the survey, 61% of big companies said they had implemented some form of AI in their business operations, up from 38% in 2016. This suggests that, unlike two previous false starts for AI, the current boom has been embraced in a bout of business investment, said Stuart Frankel, CEO of Narrative Science, an AI company that commissioned the survey. "This is not about hype but business actually adopting the technology," Frankel told Axios.